Canonical: https://unicorncurrencies.com/industries/scientific-equipment/canada/

# Intelligence: Scientific Equipment in Canada

## Industry Context

- **Payment pressure:** High-value precision equipment; Calibration and certification requirements

- **Operational control:** Grant deadline payment timing; Large equipment transactions

## Country Context

- **Use case:** Pay Canadian suppliers for natural resources, manufacturing, agriculture, energy equipment

- **Settlement:** T+0 (2.3s avg within Unicorn network)

- **Banking:** **Institution + Transit** (9-digit transit number and 3-digit institution number)

- **Regulatory:** Bank of Canada and FINTRAC oversight; GST/HST (5-15% depending on province) documentation

## Key Industries in Country

- Natural Resources

- Manufacturing

- Agriculture

- Energy

- Technology